| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.9 | 106.0 | 110.8 | 102.7 | 91.2 | 91.1 | −0.2% | |
| Cost of revenue | 41.8 | 46.4 | 48.3 | 46.0 | 42.4 | 46.7 | +10.2% | |
| Gross profit | 46.0 | 59.7 | 62.5 | 56.7 | 48.8 | 44.3 | −9.1% | |
| Research & development | 0.5 | 0.6 | 0.8 | 0.7 | 0.3 | 0.0 | −100.0% | |
| Selling, general & administrative | 14.4 | 16.9 | 16.9 | 0.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 45.5 | 53.2 | 54.9 | 63.4 | 46.7 | 48.9 | +4.7% | |
| Operating income | 0.6 | 6.4 | 7.6 | (6.7) | 2.0 | (4.8) | −334.8% | |
| Interest expense | 0.7 | 0.6 | 1.0 | 1.8 | 2.0 | 2.0 | −0.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | +100.0% | |
| Other income / expense | (0.8) | (0.4) | (0.7) | (1.8) | (2.0) | (2.5) | −25.9% | |
| Pre-tax income | (0.2) | 6.0 | 7.0 | (8.5) | 0.0 | (7.2) | −16195.6% | |
| Income tax | 0.5 | 2.7 | 1.4 | (0.1) | (0.3) | (1.0) | −234.1% | |
| Net income | (0.7) | 3.2 | 5.6 | (8.5) | 0.3 | (6.2) | −1915.1% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.06) | 0.24 | 0.40 | (0.61) | 0.03 | (0.45) | −1900.0% | |
| EPS, diluted (per share) | (0.06) | 0.23 | 0.40 | (0.61) | 0.03 | (0.45) | −1900.0% | |
| EBITDA | 5.1 | 10.8 | 12.4 | (2.3) | 6.3 | (0.6) | −108.7% | |
| Depreciation & amortization | 4.5 | 4.3 | 4.5 | 4.4 | 4.2 | 4.2 | −1.0% | |
| Weighted average shares (shares) | 12,208,723 | 13,747,450 | 13,753,233 | 13,759,282 | 13,759,282 | 13,775,265 | +0.1% | |
| Weighted average diluted shares (shares) | 12,208,723 | 13,796,685 | 13,768,006 | 13,769,848 | 13,787,963 | 13,775,265 | −0.1% | |
| Gross margin | 52.4% | 56.3% | 56.4% | 55.2% | 53.5% | 48.7% | −4.8 pts | |
| Operating margin | 0.6% | 6.0% | 6.9% | −6.6% | 2.2% | −5.2% | −7.4 pts | |
| Net margin | −0.8% | 3.1% | 5.0% | −8.2% | 0.4% | −6.9% | −7.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
